๐ AVAX analysis โ Is the explosion on the horizon?
๐ Current price: $22.65
๐ Trend: Attempting to continue upward
๐ณ Whale movement: Clear accumulation below the $21 level
๐ก๏ธ Main support: $20.40
๐ Explosion area: $23.30
โก๏ธ Why is AVAX attracting interest now?
Reversal liquidity trap:
The price broke the liquidity area below $20 then bounced back with strong trading volume โ a sign of accumulation by the big players.
Momentum shift:
Sudden increase in buying demand during the dip โ hidden buying from institutions or whales.
Price compression model:
The price is moving within a narrow range between $20.40 and $23.30 โ an explosion is very likely soon.
Sentiment and on-chain behavior:
Positive improvement after recent protocol upgrades + steady growth in total value locked (TVL).
๐ง Trading idea (not financial advice)
Entry area: after a clear break above $23.30
Scenario cancellation: daily close below $20.40
First target: $26.00
Second target: $28.50
Risk-to-reward ratio: approximately 1:2.5
๐ Important alert:
If $23.30 is breached with increased volume, a quick movement is likely due to the liquidation of large short positions.
๐ฌ "Donโt chase the topsโฆ Enter before the ignition"
Follow me to always stay one step ahead of the market ๐ฅ
